691 results returned for search: "" category "Business" author Ahmed Elamin
to $60.7 million, compared to $68 million in the same period last year.
Herbert Haag, President and Chief Executive Officer, described the results as "solid'' considering the fall in rates being set in a competitive reinsurance market. He predicted t...
DATE: May 14, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
TeleBermuda International Ltd. will begin connecting customers to its long-distance telephone service no later then May 19, the company announced yesterday.
TeleBermuda director Kenneth Spurling said the Bermuda Telephone Co. was in the final stage o...
DATE: May 09, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
property and casualty reinsurer for $637 million, or $27 a share.
Both companies's headquarters are based in Bermuda. EXEL currently owns 1.2 million GCR shares, representing about five percent of the 24.8 million shares outstanding. EXEL will pay ca...
DATE: May 09, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
Mutual fund companies entering foreign markets should aim to strike a balance between adjusting to the local culture and imposing head office values if they are to succeed, according to industry representatives.
Firms must also chose the appropriate ...
DATE: May 08, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
31, an increase of 24 percent over the 1995 year.
Trading in the company's common shares was suspended from October 26, 1995 due to legal action against it from liquidators of The Bermuda Fire & Marine Insurance Co. and certain of its creditors.
Trad...
DATE: May 02, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
Hemisphere Management Ltd. and the Bank of Bermuda Ltd. have achieved distinction as two of the top six fund administrators in the offshore world according to a 1997 survey by Global Custodian magazine.
Hemisphere was rated as a "superior provider'' ...
DATE: May 02, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
ERROR RG P4 5.5.1997 Exel Ltd. Chief Financial Officer Brian Walford worked for Marsh & McLennan in Bermuda and Barbados before joining the company. Information from U.S.-based Offshore Alert newsletter, and reprinted in The Royal Gazette, erroneous...
DATE: May 02, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
Pearman Watlington & Co. Ltd. (PW's) on May 5, giving the company a 75 percent share of car sales in Bermuda.
Although the deal has not officially closed yet the 40 staff at PW's automobile division have been given notice that their jobs terminate on...
DATE: May 01, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
to take over its board by asking shareholders to oppose the bid at a special general meeting on July 8.
The company said yesterday that it was mailing out proxy statements to ADT shareholders calling on them to reject Western's proposals to remove th...
DATE: May 01, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
After 44 years of operating her own business, hairdresser Joan Reiter has closed the doors of Mayfair Beauty Salon because of what she described as "cutthroat'' competition and a lack of commercial space.
"I feel very badly about closing,'' she said....
DATE: Apr 30, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
